Visual Capitalist: U.S. Military Spending vs Other Top Countries Visualizing US Military Spending Relative To The Rest Of The World
The Briefing
* U.S. military spending surpassed $778 billion in 2020.
* The U.S. spends more on its military than the next nine highest spending countries combined.
U.S. Military Spending vs Other Top Countries
The U.S. is well known for its immense military and defense spending. In 2020, the nation ranked #1 in the world in terms of military spending at $778 billion outpacing the next nine highest spenders, which came out to $703.6 billion combined.
One factor is the military–industrial complex (MIC) which feeds into the U.S.’ defense dominance, with a longstanding tradition of the defense and weapons industries working closely with the U.S. government and armed forces.
Read more ....
WNU Editor: The above US budget numbers do not include US intelligence agencies, the US Energy Department (they are responsible for nuclear weapons), and other US agencies with a military connection.
